Iraq’s 2023 budget that was approved by parliament last week includes funds for the giant ‘Nibras’ petrochemical project, an official was reported on Wednesday as saying.
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New modelling from the Canada Energy Regulator suggests that Canadian oil production will plummet by 2050.
New modelling from the Canada Energy Regulator suggests…
Roydad Naft News Agency – Oil prices stabilised on Wednesday ahead of Federal Reserve Chair Jerome Powell’s congressional testimony later in the day and as data showing…
Iran’s Oil Minister Javad Owji here on Wednesday said his country and Venezuela conduct their trade through a barter system and there is no financial payment between…
Roydad Naft News Agency – India aims to expand its annual oil purchases from Iraq from 1 billion barrels currently, Oil Minister Hardeep Singh Puri said on…
Roydad Naft News Agency – Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting…
Roydad Naft News Agency – Oil prices rose on Tuesday after China cut benchmark lending rates in a potential boost to growth but oil demand was seen…
Iran’s energy sector could create a good market for itself in Latin America by exporting technical and engineering services, said a lawmaker on Tuesday.
Roydad Naft News Agency – Iraq on Sunday invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks as…
Roydad Naft News Agency – China added to crude oil stockpiles at the fastest rate in nearly three years in May, as robust imports outweighed near-record refinery…
Roydad Naft News Agency – Oil prices fell on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number…
Ilam Petrochemical Complex in Western Iran is producing some 700,000 metric tons (mt) of different product annually, according to the CEO of the company.
Russian President Vladimir Putin said that decisions made by the OPEC+ group to cut oil production were “depoliticised” and were not related to what Moscow calls its…
The Maduro government has been courting European partners, though companies remain wary of possible US sanctions.
Roydad Naft News Agency – The Venezuelan oil…
Roydad Naft News Agency – Jordan’s gas compression plant (Jordan chlorine) that is currently under construction in the Risha area, will complete installation of gas units in…
Roydad Naft News Agency – Kuwait’s oil production capacity is above 2.8 million barrels per day now, and is expected to reach 3 million bpd in 2025,…
Roydad Naft News Agency – Energy diplomacy is one of the “strong points” of the 13th (Raeisi) administration, said an Iranian lawmaker on Sunday.
Roydad Naft News Agency – Russia may account for almost a third of India’s oil imports by the end of the current financial year, Arun Kumar Singh,…
Roydad Naft News Agency – Igor Sechin, head of the Russian energy giant Rosneft, said on Saturday that Russia is losing out to OPEC+ countries due to…
Roydad Naft News Agency – The deputy petroleum minister of Iran has said that the sanctions imposed on the Islamic Republic of Iran are considered a disruption…